PART 6LOANS FOR LIVING COSTS
Maximum amount of loans for new system eligible students with full entitlement40
1
This regulation applies to a new system eligible student with full entitlement (other than a type 1 or type 2 teacher training student, whose contribution exceeds nil).
2
Subject to regulations 43 to 48, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year other than a final year of a course that is not an intensive course is equal to (X−Y) where—
X is—
- i
for a student in category 1, £3,673;
- ii
for a student in category 2, £6,648;
- iii
for a student in category 3, £5,658;
- iv
for a student in category 4, £5,658;
- v
for a student in category 5, £4,745;
- i
Y is the maintenance grant amount.
3
Subject to regulations 43 to 48, the maximum amount of loan for living costs for which a student to whom this regulation applies qualifies in respect of an academic year that is the final year of a course that is not an intensive course is equal to (X−Y) where—
X is—
- i
for a student in category 1, £3,324;
- ii
for a student in category 2, £6,053;
- iii
for a student in category 3, £4,920;
- iv
for a student in category 4, £4,920;
- v
for a student in category 5, £4,396;
- i
Y is the maintenance grant amount.
4
In this regulation, “the maintenance grant amount” (“swm y grant cynhaliaeth”) is—
a
where the student qualifies under regulation 36 for an amount of maintenance grant not exceeding £1,288, the amount of maintenance grant payable;
b
where the student qualifies under regulation 36 for an amount of maintenance grant exceeding £1,288, £1,288; and
c
where no maintenance grant is payable, nil.